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Cash woes get worse for Crusader

LONDON'S AIM and the ASX have suspended Crusader Resources from trading over its cash problems.

Staff reporter
Marcus Engelbrecht joined then-ASX listed Crusader last year after trying to merge it with his former company, Stratex International

Marcus Engelbrecht joined then-ASX listed Crusader last year after trying to merge it with his former company, Stratex International

The company, led by Marcus Engelbrecht since the start of the year, only added the London listing in April. When the ASX queried its cash burn rate in September, Crusader told the exchange it would...

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